Holding(s) in Company

RNS Number : 8108B

Midas Income & Growth Trust PLC

02 November 2009

 

TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARESi

1.    Identity of the issuer or the underlying issuer of existing shares to which
        voting rights are attached: ii

Midas Income & Growth Trust PLC

2.     Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: No

An event changing the breakdown of voting rights: No

Other: No

3.     Full name of person(s) subject to the notification obligation: iii

Midas Capital Plc

4.     Full name of shareholder(s) (if different from 3.): iv

See section 9 below

5.     Date of the transaction and date on which the threshold is crossed or reached: v

29/10/2009

6.     Date on which issuer notified:

02/11/2009

7.     Threshold(s) that is/are crossed or reached: vi, vii

Was 4.07%, now 5.12%

8.     Notified details:

A: Voting rights attached to shares viii, ix

Situation previous to the Triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights
GB0008769993	1,549,989	1,549,989

  Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rightsx
		Direct	Indirect xi	Direct	Indirect
GB0008769993	1,949,989	n/a	1,949,989	n/a	5.12%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument	Expiration Date xiii	Exercise/Conversion Period/ Date xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
n/a	n/a	n/a	n/a	n/a

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction 

Type of financial instrument	Exercise price	Expiration Date xvii	Exercise/Conversion Period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)

Number of voting rights 1,949,989

% of voting rights 5.12%

9.     Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Segregated Account	Bank of New York Nominees Ltd a/c 318901	595,064
Segregated Account	Bank of New York Nominees Ltd a/c 254905	174,925
CF Miton Select Assets Portfolio	Bank of New York Nominees Ltd a/c 391998	220,000
iimia Investment Trust	Bank of New York Nominees Ltd a/c 178055	450,000
CF Midas Income Fund	Bank of New York Nominees Ltd a/c 392513	510,000

 Proxy Voting:

10.     Name of the proxy holder:

n/a

11.     Number of voting rights proxy holder will cease to hold:

n/a

 12.     Date on which proxy holder will cease to hold voting rights:

n/a

 13.     Additional information:

Midas Capital Partners Ltd, Miton Asset Management Ltd and iimia Plc are all subsidiaries of Midas Capital Plc

14.     Contact name:

Charles Mearns, Aberdeen Asset Managers Ltd

15.     Contact telephone number:

           0131 528 4132

 

END

 

 

HOLUUUBRKWRARAA